Waaree Renewable Technologies Ltd shares witnessed gain of 0.44% on Bombay Stock Exchange to Rs 882.00 per share as the company bagged Rs 40 crore order, as per its exchange filing. The stock offered return of 31,176.60% in last 5-years and slipped over 11% in last 2-weeks. Its market capitalisation stood at Rs 9,194.55 crore. The return on equity of Waaree Renewable stood at 58.93%.
An ROE of 20% or more is considered good. Good return on equity (ROE) may fluctuate between 15% to 20% but ideal ROE may differ depending on the sector or industry. Meanwhile, FII/FPI increased holdings from 0.98% to 0.99% and institutional investors surged holdings from 0.98% to 1.00% for December 2024 quarter. Check details below:
Waaree Renewable Technologies Bags Order
As per the exchange filing of the company, “reference to the captioned subject and in compliance of Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015, we are pleased to inform that “WAAREERTL” has received a Letter of Award (LOA) of EPC work for 40 MWh battery storage system.”
The company received the order from an independent power producer. The project is scheduled to be completed in the financial year 2025- 26, as per the terms of the order, added the exchange filing.
Waaree Renewable Technologies Bonus Shares History
The company offered 1 bonus since July 21, 2014. Its Bonus was recommended in the ratio of 57:100 with ex-bonus date set as July 21, 2014.
Waaree Renewable Technologies Stock Split History
The company split face value of its share once since March 15, 2024. It last sub-divided the face value of the share from Rs 10 to Rs 2 in 2024. The ex-split date was set as March 15, 2024.
Waaree Renewable Technologies Dividend History
It recommended a total of 5 dividends since August 30, 2021. In last 1-year, it announced an equity dividend amounting to Rs 2.00 per share. It offers a dividend yield of 0.23% at the current share price of Rs 881.00 per share.
Waaree Renewable Technologies Shares Performance
The 52-week high price of Waaree Renewable Technologies shares on BSE stood at Rs 3037.75 per share (as on 26/04/2024) and 52-week low price is Rs 758.36 per share (as on 14/02/2024), respectively. The stock is currently trading 14.02% away from its 52-week low price of Rs 758.35 per share if the current market price of Rs 882.00 per share is taken into consideration.
Disclaimer: The story highlights order win and should not be considered as investment awdvice by the Moneydaily.in or the Author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.
Recommended: Engineers India Wins Rs 106 Cr Order From IOCL, Ex-Dividend Date Soon
Leave a Reply